Key Points – Vodafone completed its Three UK merger in May 2025, creating the U.K.’s largest mobile operator, and plans to invest €11 billion to integrate and upgrade the network, targeting 95% nationwide 5G coverage. – The company expects to reach the upper end of its fiscal…
27 adjusted free-cash-flow guidance, with 20% annual growth, and has resumed dividend growth for the first time since 2018. Vodafone recommended a total annual dividend of €0.046 per share and has completed €4 billion in buybacks over two years. – Vodafone announced €700 million in cost and capital-expenditure synergies from the Three UK combination while advancing satellite connectivity with AST SpaceMobile and testing AI-powered network operations, though management emphasized cautious deployment and human oversight. – Why AST SpaceMobile Is the Bigger Winner of the AT&T, T-Mobile, and Verizon Joint Venture Vodafone Group (NASDAQ:VOD) used its annual general meeting in London to highlight progress in its multiyear transformation, including the integration of Three UK, portfolio changes in Europe and Africa, and a return to dividend growth
Chair Jean-François van Boxmeer said the company has become “a simpler and stronger business” since Chief Executive Margherita Della Valle outlined a transformation roadmap in May 2023. He said Vodafone has reshaped its operating footprint, reset its capital structure and focused on improving service for approximately 300 million customers across Europe and Africa. – AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival? Van Boxmeer said Vodafone completed its merger with Three UK in May 2025, creating what he described as the U.K.’s largest mobile operator.
The company also cited the acquisition of Telekom Romania and Skaylink in Germany, the announced sale of a majority interest in VodafoneZiggo in the Netherlands, and the acquisition of a controlling stake in Safaricom. Cash Flow Outlook and Dividend Policy…